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4I, Approval for Additional Expenditures for Hill Capital Strategies Inc.
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4I, Approval for Additional Expenditures for Hill Capital Strategies Inc.
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10/24/2024 10:33:24 AM
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4/22/2011 3:35:09 PM
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4-25-11 Regular City Council Meeting
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..�- <br />EN HILLS <br />MEMORANDUM <br />DATE: Apri125, 2011 <br />TO: Honorable Mayor a�d City Cauncil Members <br />FROM: Patrick HIaers, Cify Administrator <br />Sue Iverson, Director of Finance and Adminis�raEive Service� <br />SUBJECT: Approval for addi�ional �xpenditures for Hill Capital �tr�.tegies, Inc. <br />Sack�around <br />As part of the City's due dili�ence work on the stadium proposal, the City Administrator <br />contracted witl� Todd Hill a� Hill Capital Strategies, Inc. for legislative consultzng <br />services. <br />Discussion <br />The contract with Tadd Hill started on March 14, 2011, at a rate o� $1,20U per w�ek. As <br />of the week ending Apri� 23, 2011, a total o� $7,2Q0 has been incurred on this coniract. <br />Since �he legislative session is scheduled to end on May 23, 20 i 1, staff expects additional <br />e�penditures in the amount of $6,000. This would bring th� total contraci amount to <br />$�3,20U. As this is a budgeted item under "Oth.er �rofessianal Services", the City <br />Administrator's authority under the Ciiy's Procurement Policy is only $7,500, so City <br />Council approval is needed to continue t�e contract. <br />Council Act�o�n <br />A�otion to approve up to an additional $6,000 in expendituxes for cont�act costs with <br />HiII Caprtai Strategies, Inc. for a total contract cosi not io exceed � 1.3,200. <br />City Cpuncil Meeting <br />I1Metro-inet.uslardenhiilslAdminlCounciilAgendas & Packet Informatzon120 1 114-25-1 1 RegularlPacket <br />InformationlContract Extension for Hill Capital Stxategies.docx <br />Page 1 of 1 <br />
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